CandleFocus Breaking: Tether CEO Reacts to Report of US Government Crackdown
2024-10-25
Author: Content Editor
Tether CEO Paolo Ardoino has responded to a report by the Wall Street Journal regarding a criminal probe into his company. Ardoino has dismissed the report as old and baseless, stating that there is no indication of an investigation by the US government. Following his statement, the Bitcoin price, which temporarily dropped below $66,000 in response to the news, has mostly recovered and is currently trading at $67,460. The cryptocurrency is down by only 0.4% in the past 24 hours.
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